Quant hedge fund Seven Eight Capital is winding down a year after leaving Schonfeld

Quant hedge fund Seven Eight Capital is winding down a year after leaving Schonfeld

Seven Eight CapitalQuant hedge fund Seven Eight Capital is winding down, according to people familiar with the matter.The fund managed around $500 million at its peak and traded for Schonfeld for many years.The funding is closing after large investors pulled capital, the people said.Quant hedge fund Seven Eight Capital, which for many years invested money for Schonfeld Strategic Advisors, is winding down, according to people familiar with the ma…

Quant Seven Eight Capital winding down following investor withdraws | Hedge Fund News From HedgeCo.Net

(Hedgeweek) Quantitative hedge fund Seven Eight Capital, the quantitative hedge fund firm spun out of Schonfeld Strategic Advisors just a year ago, is winding down operations after facing significant investor redemptions, according to a report by Business Insider. To read this article:

Quant Seven Eight Capital winding down following investor withdraws

Quantitative hedge fund Seven Eight Capital, the quantitative hedge fund firm spun out of Schonfeld Strategic Advisors just a year ago, is winding down operations after facing significant investor redemptions, according to a report by Business Insider. The report cites unnamed sources familiar with the matter as revealing that the firm’s decision to close came after two major investors withdrew their funds. According to a regulatory filing, most…